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China's Lenovo Group first-quarter profit more than doubles, beats expectations

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(Reuters) - Chinese personal computer maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust performance by its personal computer and smart-devices business.Net profit rose to $162 million (£134.4 million) in the quarter ended June, compared with an average estimate of $154 million by 9 analysts, according to..
Date Published: Aug 15, 2019
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